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Trending ETFs

Invesco S&P 500 BuyWrite ETF

etf
PBP
Dividend policy
Active
Price as of:
$20.6 -0.16 0%
primary theme
Options-based
PBP (ETF)

Invesco S&P 500 BuyWrite ETF

Dividend policy
Active
Price as of:
$20.6 -0.16 0%
primary theme
Options-based
PBP (ETF)
Invesco S&P 500 BuyWrite ETF
Dividend policy
Active
Price as of:
$20.6 -0.16 0%
primary theme
Options-based

PBP - Snapshot

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return 1.8%
  • 5 Yr Annualized Return 4.7%
  • Net Assets $167 M
  • Holdings in Top 10 28.5%

52 WEEK LOW AND HIGH

$20.76
$14.66
$22.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.49%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 19.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Options-based
  • Fund Type Exchange Traded Fund
  • Investment Style Options-based

Compare PBP to Popular Options-based Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$24.08

-0.21%

$14.40 B

1.10%

$0.27

blocked
blocked
blocked

0.46%

-

$36.71

-0.19%

$7.13 B

0.65%

$0.24

blocked
blocked
blocked

-0.11%

-

$9.42

-0.74%

$2.83 B

-

-

blocked
blocked
blocked

0.96%

-

$12.80

-0.47%

$1.93 B

-

-

blocked
blocked
blocked

0.55%

-

$9.55

-0.73%

$1.75 B

-

-

blocked
blocked
blocked

2.14%

-

Compare PBP to Popular Options-based ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$22.97

-0.43%

$1.64 B

11.03%

$2.54

blocked
blocked
blocked

0.75%

-

$32.50

-0.18%

$764.85 M

0.35%

$0.12

blocked
blocked
blocked

-0.98%

-

-

-

$191.30 M

-

$1.61

blocked
blocked
blocked

1.93%

-

$55.75

+0.18%

$169.82 M

5.80%

$3.23

blocked
blocked
blocked

0.00%

-

$20.60

-0.77%

$167.24 M

1.40%

$0.29

blocked
blocked
blocked

0.54%

-

PBP - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.56%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco S&P 500 BuyWrite ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Dec 20, 2007
  • Shares Outstanding
    8150000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hubbard

Fund Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index and will write (sell) call options thereon. The underlying index is a total return benchmark index that is designed to track the performance of a hypothetical "buy-write" strategy on the S&P 500® Index.


PBP - Performance

Return Ranking - Trailing

Period PBP Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -1.1% 8.3% 40.96%
1 Yr -3.4% -26.5% 28.6% 96.43%
3 Yr 1.8%* -13.4% 18.1% 83.44%
5 Yr 4.7%* -5.4% 15.8% 76.27%
10 Yr 5.4%* -5.2% 13.3% 64.00%

* Annualized

Return Ranking - Calendar

Period PBP Return Category Return Low Category Return High Rank in Category (%)
2020 -4.9% -34.1% 904.0% 81.53%
2019 9.1% -28.6% 28.4% 63.58%
2018 -7.9% -93.5% 8.2% 42.07%
2017 0.8% -38.9% 19.8% 76.74%
2016 3.7% -10.9% 12.8% 37.86%

Total Return Ranking - Trailing

Period PBP Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -1.1% 8.3% 40.96%
1 Yr -3.4% -26.5% 28.6% 94.20%
3 Yr 1.8%* -13.4% 18.1% 81.53%
5 Yr 4.7%* -5.8% 15.8% 72.88%
10 Yr 5.4%* -5.2% 13.3% 64.00%

* Annualized

Total Return Ranking - Calendar

Period PBP Return Category Return Low Category Return High Rank in Category (%)
2020 -4.9% -34.1% 904.0% 81.53%
2019 9.1% -5.9% 28.4% 64.16%
2018 -7.9% -30.9% 8.2% 55.86%
2017 0.8% -23.4% 19.8% 87.60%
2016 3.7% -10.9% 12.8% 55.34%

PBP - Holdings

Concentration Analysis

PBP Category Low Category High PBP % Rank
Net Assets 167 M 1.38 M 14.4 B 32.93%
Number of Holdings 509 1 509 0.40%
Net Assets in Top 10 41.6 M -3.82 M 4.25 B 56.63%
Weighting of Top 10 28.48% 13.7% 100.0% 76.76%

Top 10 Holdings

  1. Apple Inc 6.89%
  2. Microsoft Corp 5.40%
  3. Amazon.com Inc 4.52%
  4. Option on SPDR S&P 500 ETF 3.97%
  5. Option on SPDR S&P 500 ETF 3.97%
  6. Option on SPDR S&P 500 ETF 3.97%
  7. Option on SPDR S&P 500 ETF 3.97%
  8. Option on SPDR S&P 500 ETF 3.97%
  9. Option on SPDR S&P 500 ETF 3.97%
  10. Option on SPDR S&P 500 ETF 3.97%

Asset Allocation

Weighting Return Low Return High PBP % Rank
Stocks
99.60% -3.45% 100.19% 6.02%
Cash
0.40% -28.61% 100.11% 90.76%
Preferred Stocks
0.00% 0.00% 5.20% 21.69%
Other
0.00% -5.49% 74.19% 33.73%
Convertible Bonds
0.00% 0.00% 27.25% 25.70%
Bonds
0.00% 0.00% 97.55% 33.73%

Stock Sector Breakdown

Weighting Return Low Return High PBP % Rank
Technology
24.28% 0.00% 44.21% 23.01%
Healthcare
13.49% 0.00% 29.45% 72.12%
Financial Services
13.47% 0.00% 27.65% 53.54%
Consumer Cyclical
12.58% 0.00% 19.03% 14.16%
Communication Services
10.73% 0.00% 21.22% 69.03%
Industrials
8.79% 1.81% 44.47% 43.81%
Consumer Defense
6.96% 0.00% 26.50% 78.76%
Utilities
2.74% 0.00% 14.20% 72.57%
Real Estate
2.41% 0.00% 8.92% 62.83%
Energy
2.31% 0.00% 65.73% 42.04%
Basic Materials
2.24% 0.00% 64.14% 63.27%

Stock Geographic Breakdown

Weighting Return Low Return High PBP % Rank
US
98.68% -3.45% 99.82% 3.61%
Non US
0.92% -0.07% 99.01% 42.17%

PBP - Expenses

Operational Fees

PBP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.49% 0.20% 6.78% 97.90%
Management Fee 0.49% 0.00% 1.75% 10.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.28% N/A

Sales Fees

PBP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PBP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PBP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 0.00% 456.80% 51.35%

PBP - Distributions

Dividend Yield Analysis

PBP Category Low Category High PBP % Rank
Dividend Yield 0.97% 0.00% 8.16% 5.22%

Dividend Distribution Analysis

PBP Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

PBP Category Low Category High PBP % Rank
Net Income Ratio 1.56% -2.13% 14.24% 17.99%

Capital Gain Distribution Analysis

PBP Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

PBP - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Dec 20, 2007

13.04

13.0%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Theodore Samulowitz


Start Date

Tenure

Tenure Rank

Aug 30, 2013

7.34

7.3%

Theodore Samulowitz is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC. He has been a Portfolio Manager of Invesco PowerShares Capital Mgmt LLC since May 2012. Prior to that, he was the Managing Partner of Endurance Capital Markets LLC from 2010 to May 2012 and a Portfolio Manager of CMT Asset Management from 2006 to 2010.

Michael Jeanette


Start Date

Tenure

Tenure Rank

Oct 02, 2013

7.25

7.3%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser


Start Date

Tenure

Tenure Rank

Aug 29, 2014

6.35

6.4%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

David Hemming


Start Date

Tenure

Tenure Rank

Sep 21, 2016

4.28

4.3%

David Hemming, Senior Portfolio Manager of the Invesco Capital Management LLC, Commodities and Alternatives.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 19.52 3.74 5.42